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130,000 Spend $2,000 in first 3 months
ANZ Rewards Black Credit Card
ANZ Rewards Black Credit Card

ANZ Credit Cards

ANZ Rewards Black Credit Card

Updated 19 October 2020

If you're looking for a higher end rewards card, the ANZ Rewards Black holds many features to give you the opportunity to earn a huge variety of rewards. It is currently offering 130,000 bonus Reward Points and $150 back when you spend $2,000 on eligible purchases in the first 3 months.

New card. T&Cs, eligibility criteria, fees & charges apply (including annual fee currently $375).

Points Earn Rate (per $1 spent)

2 points

Capped at $5000, then 1 pt per $1 spent

Rewards Program

ANZ Rewards

Bonus Points

130,000 pts

Spend $2,000 in first 3 months

Pros and cons

  • 130,000 bonus Reward Points and $150 back to your new ANZ Rewards Black credit card when you spend $2,000 on eligible purchases in the first 3 months
  • Earn 2 Reward Points per $1 spent on eligible purchases up to and including $5,000 per statement period.
  • Earn 1 Reward Point per $1 spent on eligible purchases above $5,000 per statement period.
  • Redeem points for flights, merchandise, gift cards, cash back and more
  • Complimentary International Travel Insurance for trips up to 6 months
  • Up to 9 additional card holders
  • Eligible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.

  • Each additional card holder costs $65 annually
  • $375 annual fee

Creditcard.com.au review

Editor Review

ANZ Rewards Black Credit Card

Roland Bleyer
Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au. about this card.

The ANZ Rewards Black Credit Card with 130,000 Reward Points

If you love being rewarded – and if you especially enjoy treating yourself to prestige perks – the ANZ Rewards Black card could well be worth a closer look. Designed to offer higher points earning power than standard rewards cards, this high-end option has plenty going for it.

From its awesome travel-related benefits to its excellent introductory bonus points offer, this card can give you it all. But is it right for you? Let’s find out.

What we love...

When talking about the features we love on the ANZ Rewards Black card, it’s hard to go past the introductory bonus points offer. How does it work exactly? After you spend $2,000 on eligible purchases on your new card within three months of card approval, you will be rewarded with 130,000 bonus Rewards Points to spend as you like. Plus get $150 back to your new ANZ Rewards Black credit card. The bonus Reward Points and credit will be credited to your ANZ account and the $150 will be credited to your credit card account within 3 months of the eligible spend criteria being met.

As part of the ANZ Rewards Program, these points can be redeemed on a huge range of items, on anything from travel and entertainment, to gift cards, cash back and more. And if you don’t have enough points to cover the item you want, simply make up the difference in cash.

Love travel? Choosing the ANZ Rewards Program can be a great choice for cardholders who want to earn points on travel, but who don’t want to be tied down to a particular airline. With ANZ Rewards, you can choose to fly with any airline to any destination, whenever you want to travel.

What’s not so great...

When it comes to cards packed with features and offers, there is always small print to pay attention to. With the ANZ Rewards Black card, it’s worth bearing in mind the ample annual fee you’ll pay, as well as the relatively high rates of interest on purchases and cash advances.

And while the card does allow for up to nine additional cardholders – which can provide a handy way to earn points faster – each additional cardholder will cost $65 per year.

Why should you choose this card?

While the introductory offers certainly provide lots to love, you may also quite enjoy the other features the ANZ Rewards Black card has to offer.

In terms of points earning potential, the card lets you earn 2 Reward Points per $1 spent on eligible purchases up to $5,000 per statement period, and 1 Reward Point per $1 spent on eligible purchases above $5,000 per statement period.

As a cardholder, you can also enjoy access to complimentary International Travel Insurance, Interstate Flight Inconvenience Insurance, Extended Warranty Insurance, Guaranteed Pricing Scheme and Purchase Protection Insurance.

On top of that, the card provides up to 55 days interest free on purchases, and compatibility with Apple Pay®, Google Pay™ and Samsung Pay™.

Overall Rating

A high-end rewards card with a fantastic earn rate on the ANZ Rewards Program, excellent features and introductory offers that include 130,000 bonus points and $150 back.

User reviews

ANZ Rewards Black Credit Card ( based on 1 Creditcard.com.au user review )

65% rating based on 1 review

Rates
Fees
Rewards
Customer Service
Value

Rates and fees

Interest rates



Purchase rate 20.24% p.a.

Cash advance rate 20.24% p.a.

Interest free period on purchases up to 55 days

Credit limits

Minimum credit limt $15,000

Maximum credit limit $75,000

Fees & repayments

Annual fee $375 p.a.

Additional card holder fee Up to 9 at $65 p.a. each

Foreign transaction fee 3%

Minimum repayment

Cash advance fee 2% Consumer Cards or Business Cards Cash Advance Fee: $1.50 and 1.50% - whichever is greater5

Late payment fee $20

Rewards and points

Rewards program

Rewards Program ANZ Rewards ANZ Rewards

Bonus points 130,000 points

Annual points cap uncapped

Bonus points spend criteria Spend $2,000 in first 3 months

Earning points with this card

ANZ Rewards points 2 points per $1 spent

Points cap per month Capped at $5000, then 1 pt per $1 spent

Overseas earn rate same as standard earn rate

Additional features

Complimentary insurance

International Travel Insurance Yes - up to 6 months

Flight Inconvenience Insurance Yes

Transit Accident Insurance No

Smartphone Screen Insurance No

Purchase Protection Insurance Yes

Extended Warranty Insurance Yes

Rental Vehicle Excess In Australia Insurance Yes

Extras

Eligible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.

Overview

ANZ Rewards Black Credit Card

This card offers a range of travel perks as well as a stronger points earning power to help you reach the rewards you want quicker. Earn 2 Reward Points per $1 spent on eligible purchases up to and including $5,000 per statement period and 1 Reward Point per $1 spent on eligible purchases above $5,000 per statement period.

This premium card will also give you access to complimentary international travel insurance. Points can be redeemed for hundreds of different rewards, including merchandise, travel, shopping vouchers, and gift cards. If you don’t have enough points for the reward you want, you can simply make up the difference with cash.

Key features

  • 130,000 bonus Reward Points and $150 back to your new ANZ Rewards Black credit card when you spend $2,000 on eligible purchases in the first 3 months. New card. T&Cs, eligibility criteria, fees & charges apply (including annual fee currently $375).
  • Earn 2 Reward Points per $1 spent on eligible purchases up to and including $5,000 per statement period.
  • Earn 1 Reward Point per $1 spent on eligible purchases above $5,000 per statement period.
  • Redeem points for flights, merchandise, gift cards, cash back and more
  • Complimentary international travel insurance for trips up to 6 months
  • Up to 9 additional card holders
  • Eligible with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.

Minimum criteria to apply for this card

  • Be over 18 years old

  • Good Credit and have not applied for multiple credit cards recently

  • Permanent Australian resident or non-permanent resident with more than 9 months remaining on your Visa

  • You have your personal details ready to complete the online application

Roland B Bleyer

Roland B Bleyer founded Creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.

Recently Asked Questions

Something you need to know about this card? Ask a our credit card expert a question.

35 questions (showing the latest 10 Q&As)

Tom

Tom

8 May 2020
Hi, can you please advise which card is better in terms of benifit/value? Rewards black or Frequent flyer Back? which one would you prefer?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    11 May 2020
    Hi Tom, I prefer the ANZ Frequent Flyer Black. This is due to the fact that I like to earn Qantas Points on my spend. I find Qantas Points to deliver the best value.
King

King

21 April 2020
1. What if I already have an ANZ account with a different credit card, can I still sign up for this one? 2. I have to pay my uni fees? Does that count as an eligible purchase? 3. When’s does the annual fee need to be paid?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    22 April 2020
    Hi King, depends on what card to access the bonus points etc. If its a non-ANZ rewards card then this is no problem. Yes UNI fees would be eligible purchase. The annual fee is charged soon after card activation.
tracey hensby

tracey hensby

24 February 2020
with the 150000 reward points do you get them as soon as you have spent the $4000 in the first three months or do they give you them in stages over the 12 month period
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    24 February 2020
    Hi Tracey, checking the terms, the bonus Reward Points will be credited to your ANZ account within 3 months of the eligible spend criteria being met. They come in a lump sum.
John

John

21 February 2020
What are eligible purchases ? 150,000 Bonus Reward Points when you spend $4,000 on eligible purchases in the first 3 months
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    24 February 2020
    Hi John, here is a link to the terms. Its more about what does earn reward points. You will not earn Rewards Points on interest charges, premiums paid for ANZ Credit Card Insurance (ANZ Credit Card Insurance not available for new customers from March 17th, 2018), government charges, bank fees, payments made to the Australian Taxation Office or other taxation payments or duties, card account adjustments resulting from disputed transactions or otherwise, balance transfers or cash advances (as defined in the ANZ Credit Cards Conditions of Use) or transactions which are identified to ANZ by the relevant merchant or any intermediary financial institution as falling into one of these categories. Bonus Reward Points will not be earned in the Bonus Points Mall on the purchase of gift cards, GST or delivery and shipping charges. You will not earn Reward Points if your card account is suspended or if you breach or any additional cardholder breaches these terms and conditions or the ANZ Credit Cards Conditions of Use.
Matteo

Matteo

29 November 2019
Hi I have a question regarding my ANZ Rewards Black
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    2 December 2019
    Hi Matteo, what is your question?
Albert

Albert

24 June 2019
Is it therefore necessary to have additional travel insurance when travelling overseas i.e. London.
Paresh

Paresh

9 May 2019
Hi, I have planned to go on a holiday and have ANZ rewards Black card. Can i use it in europian countries. If yes then will there be any charges involved except conversion fee?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    10 May 2019
    Hi Paresh, yes you can use it in Europe. Everywhere that Visa is accepted. Visa is the most accepted card. There should be no extra fees other than the Foreign transaction fee of 3%. If you are planning to spend a heap of money or spend a decent time there. Then I suggest that you get a card with no foreign fees to save the 3%. You could have a look at this no annual fee option - https://www.creditcard.com.au/28-degrees-platinum-credit-card/
Ross

Ross

22 March 2019
I already have an ANZ Visa and if I swap to the new card do I receive the award points?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    22 March 2019
    Hi Ross, checking the terms: Not available when transferring from an existing ANZ credit card. Not available where you currently hold an ANZ Rewards, ANZ Rewards Platinum or ANZ Rewards Black credit card, or have closed, or qualified for bonus Rewards Points or a credit back on, any of those ANZ Rewards credit cards within the previous 12 months. Therefore it seems like a no on points if you swap.
Madeline

Madeline

13 December 2018
What do you mean when you say "the ample annual fee you’ll pay after the first year"? Is that $375? I can't find anything in the ANZ T&Cs that suggests there is a lower fee for the first year.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    13 December 2018
    Hi Madeline, yes its $375 a year with no annual fee break for the first year now. This product recently had no annual fee for the first year. Will update the review today just to ensure this is cleared up. Thanks for reaching out.
Roland

Roland

23 October 2018
Hi Rosa, Here is a link to a PDF on the ANZ credit card website that details the insurance that you get with the card. https://www.anz.com.au/content/dam/anzcomau/documents/pdf/premium-cards-insurances.pdf. Page 72 start the rental excess cover terms and conditions. If you read through the next few pages. If you still have queries then reach out via Email to: [email protected]
Corney

Corney

20 October 2018
We are overseas at present and intend to hire a car tomorrow for 1 day Will our anz rewards black credit card cover any insurance excess
RS

RS

12 May 2018
Hi. Are there international transaction fees on this card? If so, what are the rates specifically for transactions in North America? Thanks.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    14 May 2018
    Hi RS, yes there are foreign transaction fees on this card on 3%. Depending on the amount you intend to spend and how often you travel you may want to get a no foreign fee card. I like the ANZ Rewards Travel Adventure.
Tony Stuart

Tony Stuart

23 January 2018
Ifiwish to ever cancel card when can i and whatare the fees
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    24 January 2018
    Hi Tony, you can cancel the card at any time with no fees or penalty.
Tony Stuart

Tony Stuart

23 January 2018
Are the points 1 for 1 with qantas and virgin frqent flyet points
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    24 January 2018
    Hi Tony, this card earns custom ANZ Rewards points. Check out https://anzrewards.com/ to find out more details on what the program delivers. This is not a direct airlines rewards card such as Qantas. ANZ have other cards that focus more on these points. You can transfer though to major programs through ANZ Rewards. Redeem 3,000 Reward Points for 15 Airpoints Dollars (AirNZ). Redeem 6,000 Reward Points for 2,000 KrisFlyer Miles. Redeem 3,000 Reward Points for 1,000 Asia Miles.
sushil

sushil

16 January 2018
can you please see the application i done now
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    16 January 2018
    Hi Sushil, only ANZ themselves will get your application data. If you completed the app online and everything went through it should be fine. If you have any doubts you can give ANZ credit card customer service a call on 1800 033 844

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